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Bank / Credit Union News

Malaysian bank expands self-service capabilities

August 8, 2002

KUALA LUMPUR, Malaysia -- Malayan Banking Bhd has announced plans to install cash- and check-deposit self-service terminals at its e-Kawanku banking centers as…

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Fleet pumps up functionality at NY ATMs

August 7, 2002

NEW YORK -- FleetBoston Financial is rolling out 100 ATMs with advanced functionality for the New York Metro market.

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Indian bank issues ATM card for life

August 6, 2002

CHANDIGARH, India -- Competition in the banking sector has resulted in Punjab National Bank (PNB) issuing ATM cards with 48 years validity rather than the…

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Economic crisis in Uruguay causes rush on ATMs

August 1, 2002

MONTEVIDEO, Uruguay -- Uruguayans rushed to ATMs after the government on July 30 declared a bank holiday then extended it through Aug. 2, as withdrawals of…

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Japanese insurance policyholders gain access to loans via bank ATMs

August 1, 2002

TOKYO -- Sumitomo Life Insurance Co. has tied up with Shinkin Central Bank, an industry body grouping 343 "shinkin" small savings banks, to enable its…

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Austria's Raiffeisen Group to install Wincor Nixdorf software

July 31, 2002

PADERBORN, Germany -- Austria's Raiffeisen Bank Group will install ProClassic architecture from Wincor Nixdorf on its 3,900 self-service machines.

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German bank DiBa migrating ATMs to NT

July 30, 2002

AUGSBURG, Germany -- NCR Corporation (NYSE:NCR) is working with Allgemeine Deutsche DirektBank AG (DiBa) on a multi-million dollar project to migrate 850 NCR…

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New Citibank ATM card facilitates money transfer to Mexico

July 30, 2002

NEW YORK -- Citibank became the latest financial institution to introduce a special bank account targeting Hispanics with the introduction of the Citibank…

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China Construction Bank adds user fee to ATMs

July 28, 2002

BEIJING -- The Beijing branch of China Construction Bank (CCB) has reportedly decided to charge its customers 2 yuan (24 cents U.S.) every time they withdraw…

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Bank directing customers to ATMs with payroll cards

July 23, 2002

ST. LOUIS -- St. Louis-based First Banks Inc. is sending more customers to the ATM lines as it expects to distribute nearly 500,000 new MasterCard Payroll…

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China Construction Bank to pilot Diebold cash recycler

July 18, 2002

BEIJING, China -- Diebold, Incorporated (NYSE: DBD) has been awarded two contracts with a total value of more than U.S. $15 million by China Construction Bank…

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Japan's Sumitomo Bank experiences ATM outage

July 15, 2002

TOKYO -- According to a report in the Japan Times, about 1,500 of Sumitomo Mitsui Banking Corp.'s ATMs in eastern Japan failed for about an hour the morning of…

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NCR in $14.4M deal with China Construction Bank

July 11, 2002

LONDON -- NCR Corporation (NYSE:NCR) has signed a $14.4 million hardware and software deal with China Construction Bank (CCB). The bank, which has more…

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Diebold's CSP200 certified for use by Australian bank

July 10, 2002

SYDNEY -- Diebold, Incorporated says that its CashSource Plus 200 (CSP200) ATM is now certified for use across the ATM network of St. George Bank, the…

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Dual language capability wins Ugandan ATM users

July 7, 2002

KAMPALA, Uganda -- Customer reception to ATMs that allow users to conduct transactions in English or in Luganda, a tribal language, has been overwhelmingly…

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Hacker accesses bank site's data

July 2, 2002

OKLAHOMA CITY, Oklahoma -- Home National Bank on June 27 admitted that its computers were cracked by a foreign hacker who stole confidential information such…

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Malaysian authorities warn banks about ATM fraud

June 24, 2002

KUALA LUMPUR, Malaysia - Police in Kuala Lumpur have recommended that banks take steps to prevent any foreign objects from being installed in ATM machines…

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Honda Federal Credit Union turns to Mosaic for network driving

June 24, 2002

DEERFIELD BEACH, Fla. -- Mosaic Software has reached a deal with Honda Federal Credit Union to provide the company's Postilion software for Honda's in-house…

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Visa, InfoNow providing guidance for those who seek ATMs

June 23, 2002

DENVER -- Visa International and InfoNow Corporation (Nasdaq: INOW), which have worked together to provide ATM referral and locator services since 1996, have…

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Global Axcess turns to investment banker

June 18, 2002

PONTE VEDRA BEACH, Fla. -- Global Axcess Corporation (OTC Bulletin Board: GLXS) announced on June 19 that it has retained New Jersey-based securities…

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